Alphabet (GOOGL) Cloud Important For Diversification: Earnings Preview

Digital advertising and search is likely to remain resilient, and makes up around 60% of Google's revenues, says Hatem Dhiab. He and Doug Astrop discusses what to expect from Alphabet's (GOOGL) earnings. Hatem also notes that Google's cloud is important for diversifying away from ad revenue. Doug says that 2022 earnings should dip slightly year-over-year due to inflation, but earnings should return next year. They also talk about GOOGL's resilience in a recession environment. Tune in to find out more about the stock market today.

Trading 360

25 Oct 2022

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